Post
Topic
Board Bitcoin Discussion
Re: Cars That Can Be Purchased with Bitcoin
by
NeuroticFish
on 28/04/2021, 19:27:52 UTC
This is not about Tesla. We already know that Tesla has started accepting bitcoin for their cars. My grandmother has heard the news. She doesn't know what bitcoin or Tesla is, but she knows they somehow made a pact. Pact is the actual word she used.

This thread was meant to highlight that Tesla was not the first company do to so, and that it was possible to purchase vehicles for cryptocurrencies 5-6 years ago.

Well, it was possible already 3 years ago to buy (new and used) cars in Romania with Bitcoin. At least one auto dealer, present in a couple of western cities was accepting Bitcoin.

But... (there's always a "but") there's a big difference and not for the average Joe, instead for you, me and the actual bitcoiners: while Tesla keeps those bitcoins, what you've seen before were only shops using payment processors and while the payment processor was accepting Bitcoin, the shop received at the end of the day fiat in the bank account.
(Of course, if Tesla starts playing pump and dump games, I don't even know which option is worse...)